Ad ID: 123199
Popular Bar for Sale Coolangatta Gold Coast
Popular Bar For Sale In Coolangatta
Why buy this Popular Bar Business
Popular Bar for Sale Coolangatta Gold Coast Asking: $189,000
Owner wants this SOLD!Suitable for 491 Visa, we are thrilled to present the opportunity to acquire this outstanding bar in the bustling area of Coolangatta.
The bar is currently owned by an investor and totally underutilised.
Fit out cost is over $500k for this very impressive venue offering a full kitchen, and footpath dining with Live Music licences all in place for the new buyer to take advantage of and grow this venue to the next level.
This business is a turnkey operation (currently operating under management) providing a fantastic prospect for an owner-operator. A dedicated and professional team are already in place, ensuring a smooth operational transition.
This business offers multiple income streams including both food & beverage sales as well as hosting private events, entertainment and special occasions. The multiple revenue generating streams diversify risk, whilst contributing to the overall financial health of the business.
The bar was established two years ago and was successful, unfortunately, the landlord now has other business to attend to. There is significant growth potential for a passionate owner to expand further by initiating marketing efforts, extending operation hours (flexible) or introducing new offerings and services, allowing a great opportunity for the future owner to drive profits.
Do not miss out on this unique opportunity to invest in a well-established, industry-leading bar business that promises not only a return on investment but also a chance to be a part of Coolangatta's thriving hospitality and nightlife scene.
For a full Information Memorandum, copy and paste this link to complete the confidentiality agreement - https://forms.gle/oq1ZqvJiaqbHoCxK7
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For more info
Contact: Dru Morgan
Contact: Dru Morgan
Dru Morgan
or 1300 577 297
Business Brokers Network Australia
Broker Ref: 22387
Broker Ref: 22387
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